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A new address purchased 10.87 million XPL in the past 2 hours, worth approximately 13.6 million USD

Sep 27, 2025 10:13:47

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ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a new wallet withdrew 71,524,000 USDC from an exchange to the blockchain, and then transferred 30,000,000 USDC into Hyperliquid to purchase XPL.

In just two hours, 13,600,000 USDC has already been used to buy 10,870,000 XPL at an average price of $1.25, and purchases are still ongoing.

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